PC maker Lenovo returns to third quarter profit, beats estimates - Dealers Care

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Thursday, 21 February 2019

PC maker Lenovo returns to third quarter profit, beats estimates

By Sijia Jiang and Donny Kwok HONG KONG (Reuters) - Lenovo Group Ltd said on Thursday it swung back to a net profit in the December quarter, beating market expectations, due to a strong performance across its major business groups. Profit for the quarter was $233 million, versus a loss of $289 million in the same period a year earlier when the world's largest personal computer (PC) maker by shipments took a one-off hit following U.S. tax reform

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